Labor Market CoolingLast week brought long-awaited clarity on the state of the US economy.

Specifically 1099-MISC, not 1099-INT because it is not interest and not 1099-NEC because they do not provide any labor. 

Another strategy is to implement a detailed project timeline to ensure efficient use of labor, thereby minimizing delays and unexpected expenses.

The company I'm talking to now has this structure in lieu of a standard % of the rental income:monthly retainer $250 for priority response/availabilityturnover inspection $180/turnovermaintenance labor rate $85materials billed at cost +20%sub coordination cost + 20%Anyone with experience both ways and have a preference to either structure? 

Specifically 1099-MISC, not 1099-INT because it is not interest and not 1099-NEC because they do not provide any labor. 

Horton execs said their construction costs—including labor and materials—are down -1% quarter-over-quarter and -1.5% year-over-year (ResiClub).

Despite this upside surprise, the unemployment rate edged up to 4.4%, the highest since late 2021, as 470,000 people entered the labor force.

I'm bringing the $$, he's doing some labor himself and charging me nothing for labor. 

There's a ton of great general contractors that you could likely meet there that can point you in the direction of developers 

.📉 Jobless Claims Show Slower HiringBacklogged claims data finally came in: Initial Claims sat between 220K–235K the last several weeks, but Continuing Claims remained above 1.9 million for the 18th week in a row.Why this matters: When people stay unemployed longer, it’s a clear sign the labor market is cooling.